If a licensee wishes to sell or rent his own personal property, which of the following is TRUE?

1. He can advertise the property as "For Sale by Owner" so he can save on paying a commission to his Broker
2. If he wants to rent his property as a vacation rental, he doesn't need to place deposits in his company's trust account
3. The broker of his company is responsible for all the activities of his salespersons and must be informed of all such activities
4. His license status need not to be disclosed, since it is his own property